Plan Ledger DOL Form 5500 · updated monthly

Wilton Precision Steel, IncProfit-sharing plan

WILTON PRECISION STEEL CO. EMPLOYEES' PROFIT SHARING PLAN · WILTON, IA · plan year 2024

Reported admin expense ratio · 2024
0.12%

Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works

Wilton Precision Steel, Inc reported $7,805 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,697 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.13% to 0.12%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Iowa (657th of 878), and 10,350th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$6,655,226
Participants with balances165
Active participants49
Employer contributions$181,175
Employee contributions—
Employer contribution per active participant$3,697
Average account balance$40,335
Benefits paid to participants$128,885
Plan auditUnmodified (clean) audit opinion
AuditorFORGE FINANCIAL & MGMT CONSULTING
Plan history3
Yearassets · accounts · employer contribution
2024$6.7M · 165 accts · $181K emplr
2023$6.4M · 159 accts · $170K emplr
2022$5.7M · 152 accts · $170K emplr
Administrative expenses, itemized · 2024
Investment management$7,805
Total administrative$7,805
Employer contributions to the Wilton Precision Steel, Inc plan · 2024
Employer contribution per active participant$3,697
Median for plans this size$1,313
2024$3,697 per active participant
2023$3,695 per active participant
2022$3,476 per active participant

Wilton Precision Steel, Inc's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$7,805 · 0.12%
2023$7,570 · 0.12%
2022$7,350 · 0.13%
Same employer
Similar plansManufacturing · Iowa
Addoco, Inc. IA$7.2M · 0.53%
Behnke Enterprises, Inc. IA$7.1M · 1.08%
Hahn Ready-Mix Company IA$6.8M · 0.69%
Kpi Concepts, LLC IA$6.7M · 0.48%
Cemen Tech Holdings IA$6.5M · 0.83%
Green Products Company IA$6.2M · 0.57%
Lomont Molding, LLC IA$5.9M · 0.64%
L D J Manufacturing, Inc. IA$5.8M · 1.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421299636 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.